The trend nationwide is veering away from home ownership to rental. And developers all over the country are starting construction on apartment units again. Even North Texas, which experienced a virtual construction shutdown in the past year, is seeing a comeback in construction. The vacant corner of Fairmount and Carlisle streets had been standing a bit forlorn as developers knocked down Read full article »
Tag archives for development
Concerns Of Sluggish Economy Dampens Commercial Real Estate Breakthroughs
Major developments in commercial real estates actually occurred in July and chief of that is the collaboration of New York bond trader Cantor Fitzgerald with leading Los Angeles property fund manager CIM Group, a collusion that experts said would generate up to $5 billion of mortgage originations. Surprisingly though, this major shakeup and other key movements in the industry Read full article »
Boeing Turns Over 19 Acres Of Surplus Land To Gibsons’ ITF Developments
Aircraft manufacturer Boeing Company announced last week the sale of its 19 acres of surplus land to the Gibson family of ITF Developments, which the famed company said should offer heaps of development provisions, with of course a tapestry of extensive Boeing legacy. However, City of Renton’s Department of Community and Economic Development chief Alex Pietsch revealed that the Mercer-based property Read full article »
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